๐จ They Just Bought the Dip โ With $169 Million
While retail traders are still asking:
โIs Bitcoin going lower?โ
Strive just bought 2,000 BTC for around $169 million.
Average price?
๐ $84,422 per BTC
Their total Bitcoin holdings are now around 29,462 BTC, worth roughly $2.5B. (Yahoo Finance)
And hereโs the interesting part:
They didnโt wait for Bitcoin to return to its all-time high.
They bought while the market was still uncertain.
So now we have two very different views:
๐ป Bearish:
They may have bought too early. If BTC drops below their entry zone, the purchase could look very different.
๐ Bullish:
If BTC holds around the $84K area and starts moving higher, this purchase could look like a very good entry.
Iโm not saying you should buy BTC because a company did.
But Iโm definitely watching what happens next. ๐
Did Strive buy the dip โ or catch the falling knife?
๐ Bullish or bearish?
While retail traders are still asking:
โIs Bitcoin going lower?โ
Strive just bought 2,000 BTC for around $169 million.
Average price?
๐ $84,422 per BTC
Their total Bitcoin holdings are now around 29,462 BTC, worth roughly $2.5B. (Yahoo Finance)
And hereโs the interesting part:
They didnโt wait for Bitcoin to return to its all-time high.
They bought while the market was still uncertain.
So now we have two very different views:
๐ป Bearish:
They may have bought too early. If BTC drops below their entry zone, the purchase could look very different.
๐ Bullish:
If BTC holds around the $84K area and starts moving higher, this purchase could look like a very good entry.
Iโm not saying you should buy BTC because a company did.
But Iโm definitely watching what happens next. ๐
Did Strive buy the dip โ or catch the falling knife?
๐ Bullish or bearish?